Asset turnover

$$\frac{\text{Revenue}}{\text{Avg total assets}}$$

Revenue per dollar of assets. The 'turnover' leg in DuPont decomposition.

Direction: Higher better Category: efficiency

Inputs (XBRL fallback chains):

• assets: Assets
• revenue: Revenues -> RevenueFromContractWithCustomerExcludingAssessedTax -> RevenueFromContractWithCustomerIncludingAssessedTax -> SalesRevenueNet -> SalesRevenueGoodsNet

Returns None when: Returns None when Revenue or asset-average components are missing.

Source code

Implementation: total_asset_turnover in src/eqtytrk/metrics/ratios.py (or valuation.py for multiples).